NYSEAMERICAN : REA
Rare Earths Americas, Inc. — Financial statements
Materials · Other Industrial Metals & Mining · United States
Last price 7.96 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 158.83M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Selling, General & Admin | 15.85M | 5.48M | 2.01M |
| Operating Expenses | 26.10M | 9.21M | 3.99M |
| Operating Income | -26.10M | -9.21M | -3.99M |
| Interest Expense | -221.00K | -206.00K | |
| Interest & Investment Income | 768.00K | 138.00K | 15.00K |
| Currency Exchange Gain (Loss) | 28.00K | 31.00K | |
| Other Non Operating Income (Expenses) | -12.40M | 139.00K | |
| EBT Excluding Unusual Items | -37.93M | -9.11M | -3.98M |
| Merger & Restructuring Charges | -90.00K | -247.00K | |
| Other Unusual Items | -577.00K | -577.00K | |
| Pretax Income | -38.60M | -9.93M | -3.98M |
| Net Income | -38.60M | -9.93M | -3.98M |
| Net Income to Common | -38.60M | -9.93M | -3.98M |
| Shares Outstanding (Basic) | 15.35M | 11.74M | 8.67M |
| Shares Outstanding (Diluted) | 15.35M | 11.74M | 8.67M |
| EPS (Basic) | -2.51 | -0.85 | -0.46 |
| EPS (Diluted) | -2.51 | -0.85 | -0.46 |
| Free Cash Flow | -16.36M | -5.33M | -3.80M |
| Free Cash Flow Per Share | -1.07 | -0.45 | -0.44 |
| EBITDA | -26.02M | -9.18M | -3.98M |
| D&A For EBITDA | 81.00K | 25.00K | 6.00K |
| EBIT | -26.10M | -9.21M | -3.99M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Cash & Equivalents | 10.10M | 22.84M | 6.00K |
| Cash & Short-Term Investments | 76.74M | 22.84M | 6.00K |
| Prepaid Expenses | 1.20M | 216.00K | |
| Other Current Assets | 72.00K | 53.00K | 61.00K |
| Total Current Assets | 78.01M | 23.11M | 67.00K |
| Property, Plant & Equipment | 24.16M | 23.72M | 34.00K |
| Long-Term Deferred Charges | 1.97M | ||
| Other Long-Term Assets | 210.00K | 42.00K | |
| Total Assets | 102.38M | 48.84M | 101.00K |
| Accounts Payable | 1.57M | 1.49M | 8.00K |
| Accrued Expenses | 736.00K | 897.00K | 27.00K |
| Short-Term Debt | 1.12M | ||
| Current Portion of Leases | 23.00K | ||
| Other Current Liabilities | 143.00K | 327.00K | 231.00K |
| Total Current Liabilities | 2.45M | 3.86M | 266.00K |
| Long-Term Leases | 64.00K | 20.00K | |
| Other Long-Term Liabilities | 12.58M | 16.50M | 95.00K |
| Total Liabilities | 15.10M | 20.37M | 361.00K |
| Common Stock | 2.00K | 1.00K | 9.98M |
| Additional Paid-In Capital | 134.91M | 46.29M | |
| Retained Earnings | -49.41M | -19.84M | -9.91M |
| Comprehensive Income & Other | -492.00K | -267.00K | -334.00K |
| Total Common Equity | 85.01M | 26.19M | -260.00K |
| Minority Interest | 2.27M | 2.27M | |
| Shareholders' Equity | 87.29M | 28.46M | -260.00K |
| Total Liabilities & Equity | 102.38M | 48.84M | 101.00K |
| Total Debt | 64.00K | 1.17M | |
| Net Cash (Debt) | 76.67M | 21.68M | 6.00K |
| Net Cash Per Share | 5.00 | 1.85 | 0.00 |
| Filing Date Shares Outstanding | 19.95M | 14.97M | 8.67M |
| Total Common Shares Outstanding | 19.95M | 14.97M | 8.67M |
| Working Capital | 75.56M | 19.25M | -199.00K |
| Book Value Per Share | 4.26 | 1.75 | -0.03 |
| Tangible Book Value | 85.01M | 26.19M | -260.00K |
| Tangible Book Value Per Share | 4.26 | 1.75 | -0.03 |
| Machinery | 827.00K | 421.00K | 40.00K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Net Income | -38.60M | -9.93M | -3.98M |
| Depreciation & Amortization | 81.00K | 25.00K | 6.00K |
| Loss (Gain) From Sale of Assets | 5.00K | 5.00K | -68.00K |
| Stock-Based Compensation | 8.90M | 1.81M | |
| Other Operating Activities | 13.39M | 488.00K | 393.00K |
| Change in Accounts Payable | 1.61M | 2.38M | -120.00K |
| Change in Other Net Operating Assets | -762.00K | 364.00K | -29.00K |
| Operating Cash Flow | -15.38M | -4.86M | -3.79M |
| Capital Expenditures | -986.00K | -480.00K | -10.00K |
| Sale of Property, Plant & Equipment | 75.00K | ||
| Cash Acquisitions | 1.54M | 1.54M | |
| Investing Cash Flow | -66.08M | 1.06M | 65.00K |
| Short-Term Debt Issued | 661.00K | ||
| Total Debt Issued | 661.00K | 661.00K | |
| Short-Term Debt Repaid | -246.00K | ||
| Total Debt Repaid | -246.00K | -246.00K | |
| Net Debt Issued (Repaid) | 415.00K | 415.00K | |
| Issuance of Common Stock | 85.60M | 16.36M | 3.31M |
| Common Dividends Paid | -524.00K | -524.00K | |
| Other Financing Activities | 6.18M | 10.29M | |
| Financing Cash Flow | 91.51M | 26.55M | 3.31M |
| Foreign Exchange Rate Adjustments | 38.00K | 80.00K | -377.00K |
| Net Cash Flow | 10.09M | 22.84M | -794.00K |
| Free Cash Flow | -16.36M | -5.33M | -3.80M |
| Free Cash Flow Per Share | -1.07 | -0.45 | -0.44 |
| Levered Free Cash Flow | -2.29M | ||
| Unlevered Free Cash Flow | -2.16M | ||
| Change in Working Capital | 844.00K | 2.74M | -149.00K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | |
|---|---|---|---|
| Market Capitalization | 158.63M | ||
| Enterprise Value | 81.96M | ||
| Debt / Equity Ratio | 0.00 | 0.04 | |
| Net Debt / Equity Ratio | -0.88 | -0.76 | 0.02 |
| Net Debt / EBITDA Ratio | 2.95 | 2.36 | 0.00 |
| Net Debt / FCF Ratio | 4.69 | 4.06 | 0.00 |
| Quick Ratio | 31.28 | 5.92 | 0.02 |
| Current Ratio | 31.80 | 5.99 | 0.25 |
| Return on Equity (ROE) | -70.42% | ||
| Return on Assets (ROA) | -23.52% | ||
| Return on Capital Employed (ROCE) | -26.10% | -20.50% | 2,418.20% |
| Buyback Yield / Dilution | -35.39% |